The autopilot MT5 risk manager: daily loss limits, drawdown protection, auto breakeven and position locks enforced 24/7 for prop firm traders.
Forum Threads
I built a tool that stops me from trading, because willpower wasn't working
I blew multiple funded accounts and it was never the strategy. I'd wait for the setup, take the clean trade, and then greed would show up. One clean trade turns into just one more. I'd move my stop, hold too long, try to make back what I already had. The worst part is I could see myself doing it while it was happening and still couldn't stop.
For the longest time I told myself I just needed more discipline. But discipline is a decision you make when you're calm, and the exact moment you need it, you're not calm. You're up, greedy, certain you can squeeze more out. Honestly I wanted someone sitting next to me to slap the mouse out of my hand.
I've got coding experience, so eventually I stopped waiting for willpower and built the slap. It connects to your MT5 account and enforces the rules you set when you were calm. Hit your daily loss limit or your trade count and it closes your positions and locks the account until tomorrow. Runs in the cloud, no EA to drag off the chart, nothing you can renegotiate at 2pm.
The strange part is how peaceful it is once the decision isn't yours anymore. When the system already decided "3 trades, done," there's nothing left to argue with.
